Gold Analysis 07-Feb-2017

CMP 1232.xx
Res: 1375
Sup: 1180, 1122, 1046

As long as Gold supported by the above support levels, I expect to see 1240, 1334, 1375, 1451 positionally.

Buyers sl 1180, max 1121$

Commodities View 05-Feb-2017

Copper(res 6044 lme) highly bearish
Lead (res 2400 lme),
Zinc (res 2984 lme) bearish
Alum (res 1883/89 lme) can some up move n fall
Nickel (res 12140, sup 9350/7565(55)) confusion

Gold (res 1225$, sup 1206$)
Silver (res 17.73$, sup 17.20$, base support 16.55$
NG res 3.555$ support zone: 3.400-2.555
Crude res: 54.34, sup: 53.34

Anyside breakout will be big.

Thanks.

Raj.

INDEX: NIFTY Analysis 03-Feb-2017

CMP 8717
Res: 8961
Sup: 8533/8323
Base Support: 7889

If Nifty resisted by 8752/8961, I expect to see 7889 again and further, 7705-7639.

If 6822 holds support, we will see big bull run towards 9000/11000.

NYMEX / MCX: NG Postional View 31-Jan-2017

CMP: 3.240
Res: 3.555/3.955
Sup: 1.599

As long as NG resisted by 3.555/3.955, I expect to see 3.116-3.050, 2.773-2.740, 2.547-2.496-2.428.

Important level to watch: 2.300-2.285 if we reach there.

Retracement levels: 3.393, 3.050, 2.773, 2.496, 2.287(important level), 2.153, 2.101, 1.857, 1.599(100%).

Any reversal from the above levels, 1st target: 3.947, 4.389$.
Other targets: 5.520-5.787, 6.218-6.252, 7.347-7.675$


MCX
CMP: 217.6
Res: 240/264
Sup: 109

If NG resisted by 240/264, I expect to see 207-204, 187-186, 175-168.

Important level to watch: 156-145 if we reach there.
If NG supported by 109, and any reversal, 1st tgt 263.

Crude Analysis 18-Jan-2017

VMP: 52.94
Res: 55.23
Sup:42.19

I expect reversal from 52.95-54.5$ to 49$.

Thanks.

USDINR Analysis 03-Jan-2017

CMP: 67.977
Res: 68.848/69.418
Sup: 65.981

As long as 65.981 supports, I expect to see 72.080-72.619.

NYMEX: NG: Long Term Positional Analysis 29-Dec-2016

CMP 3.866$
Supports: 3.269/2.565

As long as NG supported by the above levels, I expect to see 4.389$ min.
Other targets: 5.520-5.787, 6.218-6.252, 7.347-7.675$